交银国际：理想汽车-Wi8定价优预期 但配置及新车型或带来压力 维持“中性”评级

Core Viewpoint - The report from CMB International indicates that the pricing of Li Auto's new model i8 exceeds expectations, ranging from 321,800 to 369,800 RMB, but consumer feedback suggests potential challenges ahead for the company [1] Pricing and Market Competition - The i8's pricing is better than anticipated, yet there may be a discrepancy between the configuration and consumer expectations [1] - The upcoming launch of multiple six-seat SUVs priced around 300,000 RMB in the second half of the year is expected to intensify market competition [1] Analyst Rating - CMB International maintains a target price of 103.7 HKD and a "Neutral" rating for Li Auto [1]